Trump Vows to Sharply Scale Back U.S.-China Economic Ties
- President strikes contrast with policies of Democrat Biden
- Trump says China will ‘own’ U.S. if Biden wins election
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President Donald Trump said he intends to curb the U.S. economic relationship with China, contrasting himself with Joe Biden by threatening to punish any American companies that create jobs overseas and to forbid those that do business in China from winning federal contracts.
“We’ll manufacture our critical manufacturing supplies in the United States, we’ll create ‘made in America’ tax credits and bring our jobs back to the United States and we’ll impose tariffs on companies that desert America to create jobs in China and other countries,” Trump said at a White House news conference on Monday where he complained at length about his Democratic re-election opponent.